Fly - About the company
Fly is a series C company based in Chicago (United States), founded in 2016 by Thomas Ptacek, Michael Dwan, Kurt Mackey and Jerome Gravel-Niquet. It operates as a Platform to build and launch dynamic applications. Fly has raised $115M in funding from investors like Y Combinator, Andreessen Horowitz and Intel Capital, with a current valuation of $*****. The company has 234 active competitors, including 54 funded and 26 that have exited. Its top competitors include companies like Netlify, Vercel and F5 Networks.
Company Details
Fly is a platform to build and launch dynamic applications for users around the world. The platform acts as a global load balancer, a reverse proxy, and a library of Middleware. With the Fly platform, clients can attach and swap around, containers, Heroku applications, GitHub Pages, Kubernetes clusters, third-party services, and serverless functions without any downtime. Other features include routing, automatic renewal of SSL certificates, and DNS.
- Website
- fly.io
- Email ID
- *****@fly.io
Key Metrics
Founded Year
2016
Location
Chicago, United States
Stage
Series C
Total Funding
$115M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 01, 2023
Investors
Ranked
7th among 234 active competitors
Employee Count
74 as on Mar 13, 2024
Legal entities associated with Fly
Fly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Fly.io, Inc., CIN: 20-2968239 , United States, Active | Dec 31, 2015 | - | - | - |
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Fly's funding and investors
Fly has raised a total funding of $115M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series C round on Jun 28, 2023 for $*****. 4 investors participated in its latest round. Fly has 14 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Fly:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2023 | 8476784 | Series C | 3765132 | 2527061 | 6268443 | 2993895 |
Jul 28, 2022 | 6402488 | Series B | 2834475 | 5115090 | 1327754 | |
Aug 2021 | 1056344 | Series A | 8583868 | 2558366 | 5067673 |
View details of Fly's funding rounds and investors
Fly's founders and board of directors
Founder? Claim ProfileThe founders of Fly are Thomas Ptacek, Michael Dwan, Kurt Mackey and Jerome Gravel-Niquet. Kurt Mackey is the CEO of Fly.
Here are the details of Fly's key team members:
- Thomas Ptacek: Co-Founder of Fly and founder of 1 other company. Contact Info: 1 email address
- Michael Dwan: Co-Founder of Fly.
- Kurt Mackey: Co-Founder & CEO of Fly. Contact Info: 1 email address
- Jerome Gravel-Niquet: Co-Founder of Fly. Contact Info: 1 email address
View details of Fly's Founder profiles and Board Members
Fly's employee count trend
Fly has 74 employees as of Mar 24. Here is Fly's employee count trend over the years:
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Fly's Competitors and alternates
Top competitors of Fly include Netlify, Vercel and F5 Networks. Here is the list of Top 10 competitors of Fly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Netlify 2013, San Francisco (United States), Series D | Provider of a platform for web application development and deployment | $212M | 86/100 | |
2nd | Vercel 2015, Covina (United States), Series F | Provider of cloud infrastructure and developer tools for web applications | $863M | 81/100 | |
3rd | F5 Networks 1996, Seattle (United States), Public | Provider of application delivery and security solutions for various platforms | - | 75/100 | |
4th | Gitlab 2011, San Francisco (United States), Public | Provider of a platform for software development, security, and delivery | $435M | 72/100 | |
5th | A10 Networks 2004, United States, Public | Provider of application delivery, security, and centralized management and analytics solutions | $118M | 69/100 | |
6th | Komodor 2020, Rockville (United States), Series B | Provider of an autonomous AI SRE platform for Kubernetes management | $72M | 68/100 | |
7th | Fly 2016, Chicago (United States), Series C | Platform to build and launch dynamic applications | $115M | 67/100 | |
8th | Chainstack 2018, Singapore (Singapore), Series A | Provider of blockchain infrastructure for deploying, managing, and scaling decentralized applications | $6M | 66/100 | |
9th | OutSystems 2001, Linda A Velha (Portugal), Series F | Developer of a low-code platform with AI-powered application development capabilities | $803M | 66/100 | |
10th | Opsera 2020, Palo Alto (United States), Series B | Cloud based devops automation software | $51.3M | 64/100 |
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Fly's Investments and acquisitions
Fly has made no investments or acquisitions yet.
News related to Fly
Media has covered Fly for 1 event in last 1 year, It was about company updates.
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Fly.io Raises $70M in Series C FundingFinSMEs•Jun 29, 2023•Fly, EQT Ventures, Andreessen Horowitz, Dell Technologies Capital and 1 other
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The Compute Layer for the Modern, Distributed Cloud: Our Investments in Fly.ioIntel Capital•Jul 28, 2022•Fly, Intel Capital, Andreessen Horowitz, Dell Technologies Capital and 1 other
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